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  • Japan's Aso: Do not expect G20 to lean toward protectionism

    WASHINGTON (Reuters) -- Japanese Finance Minister Taro Aso said on Friday he does not think the Group of 20 debate will lean toward favoring protectionism over free trade ahead of the group's summit in July, even as the new U.S. administration threa

    April 22, 2017 11:50 am JST
  • China opens new inland free trade zones

    SHANGHAI -- China's State Council has officially unveiled seven new pilot free trade zones, five of which are in inland locations.A pilot free trade zone is an experimental trade area where government control -- the issuing of licenses and permits,

    April 22, 2017 11:00 am JST
  • Asian container shipments to US hit record

    TOKYO -- U.S.-bound shipping containers from Asia are on the rise, as manufacturers in China and Southeast Asia deliver their wares to a market where consumer spending and housing investment are robust.Shipping volume for the January-March quarter c

    April 22, 2017 04:56 am JST
  • Iron ore prices plunge 30% in a month

    TOKYO -- Iron ore prices are collapsing on the growing outlook that China may reduce imports as steel prices there fall, coupled with the fear that new production at Brazilian mines could result in an oversupply.The spot price of Australian iron ore

    April 22, 2017 03:53 am JST
  • South Koreans fuming over Trump-Xi chat

    TOKYO/SEOUL -- Chinese President Xi Jinping's apparent views on the history of the Korean Peninsula have become one of the hottest issues in South Korea's presidential race. In recounting his recent summit with Xi to The Wall Street Journal on April

    April 21, 2017 06:15 pm JST
  • Asia braces for Trump steel probe

    TOKYO -- Asian steel producing countries are preparing themselves for a period of uncertainty after U.S. President Donald Trump launched a trade probe on cheap steel entering the U.S. market, raising the possibility of new tariffs."Without knowing t

    April 21, 2017 06:00 pm JST
  • Duterte, Didi's Jean Liu make 'Time 100' list

    TOKYO -- The head of a Chinese mobile transportation platform that clocks 20 million rides a day and the founder of a digital currency service used by 200 million Indians were among those from Asia who landed on Time Magazine's "Time 100" list of th

    April 21, 2017 06:00 pm JST
  • Growth separating wheat from chaff in China consumer stocks

    HONG KONG-- There is a growing split in China's consumer stocks as people in the country grow richer.The winners are those selling high-end goods such as premium baijiu liquor and home appliances. Losers include low-end food processors, whose sales

    April 21, 2017 03:58 pm JST
  • China's TCL chairman complains of US protectionism over pending tech deal

    HONG KONG (Reuters) -- China's TCL Group on Friday said U.S. protectionism is the biggest hurdle to Chinese firms going global, and that the electronics maker had been told it may not win approval in its bid to buy a U.S. technology firm."We have an

    April 21, 2017 03:40 pm JST
  • G-20 reaffirms commitment on orderly currency movements

    WASHINGTON (Kyodo) -- Finance chiefs from the Group of 20 major economies on Thursday reaffirmed a G-20 commitment to orderly currency movements as a way to promote world economic growth and ensure stability in financial markets, according to Japane

    April 21, 2017 03:02 pm JST
  • Wall Street rebound on tax reforms lifts Hong Kong shares

    HONG KONG (Nikkei Markets) -- Hong Kong shares rose as renewed hopes of U.S. tax reforms propped up indexes on Wall Street and boosted risk appetite.The Hang Seng Index was up 0.1% at 24,075.16 by midday after rising as much as 0.6% earlier. China P

    April 21, 2017 02:27 pm JST
  • China seeks to discredit exiled tycoon with spy chief confession

    A video confession by a detained former spy chief has surfaced in China, countering sensational claims by an exiled businessman as a public tussle over corruption in the financial sector dredges up the ghosts of old deals.Ma Jian, the vice-minister

    April 21, 2017 02:27 pm JST
  • Japan to relax visa requirements for Chinese visitors

    TOKYO -- Japan will ease visa requirements for Chinese travelers on May 8, the Foreign Ministry announced Friday.The government will introduce a three-year, multiple-entry visa that allows Chinese people with "sufficient financial capability" and th

    April 21, 2017 02:00 pm JST
  • Trump targets cheap Chinese steel in probe, rallying US steel stocks

    WASHINGTON (Reuters) -- President Donald Trump on Thursday launched a trade probe against China and other exporters of cheap steel into the U.S. market, raising the possibility of new tariffs and sending shares of some U.S. steel makers up over 8 pe

    April 21, 2017 09:54 am JST
  • Chinese auto brands moving up the ranks at home

    SHANGHAI -- State-owned Chinese automakers are working to develop more models under their own brands in an effort to prepare for intensifying competition in the world's largest auto market.Chongqing Changan Automobile unveiled a new sport utility ve

    April 21, 2017 07:54 am JST
  • LeTV spilled first post-listing red ink in 2016

    SHANGHAI -- Leshi Internet Information & Technology, or LeTV, reported Thursday a roughly 340 million yuan ($49.4 million) operating loss for the year ended December, sliding into the red for first time since the Chinese company's 2010 listing as he

    April 21, 2017 06:40 am JST
  • Renown to target youth with new low-price clothing brand

    TOKYO -- Japan's Renown will next spring launch a brand of affordable clothing in an effort to cultivate a younger customer base and bounce back from struggling department store sales.The apparel maker will release a rough outline of the brand as ea

    April 21, 2017 05:50 am JST
  • China eases overseas yuan remittance rules as outflow recedes

    SHANGHAI -- China has lifted a cap on overseas yuan transfers for banks in Beijing and Shanghai as capital outflows and the currency's depreciation have moderated, but what comes next remains anyone's guess.The People's Bank of China notified banks

    April 21, 2017 03:45 am JST
  • China successfully launches cargo spacecraft

    BEIJING -- China succeeded in putting a cargo spacecraft into orbit Thursday night to carry fuel and material to its space laboratory.The launch is another step for China toward its goal of establishing its own space station as it works to become th

    April 21, 2017 03:40 am JST
  • Beijing may cut crude oil to Pyongyang, says Chinese expert

    BEIJING -- China likely will halt crude oil exports to North Korea should Pyongyang conduct its sixth nuclear test, a prominent Chinese expert told The Nikkei, signaling a tougher attitude by Beijing toward its rogue neighbor.A nuclear test or the l

    April 21, 2017 02:00 am JST